Corella Resources Ltd (CR9) - Net Assets
Based on the latest financial reports, Corella Resources Ltd (CR9) has net assets worth AU$3.06 Million AUD (≈ $2.17 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.76 Million ≈ $2.66 Million USD) and total liabilities (AU$694.23K ≈ $491.21K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Corella Resources Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$3.06 Million |
| % of Total Assets | 81.52% |
| Annual Growth Rate | -5.41% |
| 5-Year Change | -39.75% |
| 10-Year Change | -76.11% |
| Growth Volatility | 186.94 |
Corella Resources Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Corella Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore CR9 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Corella Resources Ltd (2007–2024)
The table below shows the annual net assets of Corella Resources Ltd from 2007 to 2024. For live valuation and market cap data, see CR9 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$3.06 Million ≈ $2.17 Million |
-12.97% |
| 2023-12-31 | AU$3.52 Million ≈ $2.49 Million |
-24.55% |
| 2022-12-31 | AU$4.66 Million ≈ $3.30 Million |
+6.95% |
| 2021-12-31 | AU$4.36 Million ≈ $3.08 Million |
-14.21% |
| 2020-12-31 | AU$5.08 Million ≈ $3.60 Million |
+752.69% |
| 2019-12-31 | AU$595.93K ≈ $421.66K |
-41.78% |
| 2018-12-31 | AU$1.02 Million ≈ $724.19K |
-82.32% |
| 2017-12-31 | AU$5.79 Million ≈ $4.10 Million |
-9.87% |
| 2016-12-31 | AU$6.42 Million ≈ $4.54 Million |
-49.90% |
| 2015-12-31 | AU$12.82 Million ≈ $9.07 Million |
+88.36% |
| 2014-12-31 | AU$6.81 Million ≈ $4.82 Million |
-20.21% |
| 2013-12-31 | AU$8.53 Million ≈ $6.03 Million |
-33.06% |
| 2012-12-31 | AU$12.74 Million ≈ $9.02 Million |
-12.81% |
| 2011-12-31 | AU$14.61 Million ≈ $10.34 Million |
-6.12% |
| 2010-12-31 | AU$15.57 Million ≈ $11.01 Million |
+177.68% |
| 2009-12-31 | AU$5.61 Million ≈ $3.97 Million |
+37.44% |
| 2008-12-31 | AU$4.08 Million ≈ $2.89 Million |
-48.28% |
| 2007-12-31 | AU$7.89 Million ≈ $5.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Corella Resources Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 431734300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$7.70 Million | 251.60% |
| Total Equity | AU$3.06 Million | 100.00% |
Corella Resources Ltd Competitors by Market Cap
The table below lists competitors of Corella Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Express Transindo Utama Tbk
JK:TAXI
|
$10.18 Million |
|
Kamdar Group (Malaysia) Bhd
KLSE:8672
|
$10.19 Million |
|
Casa Emtia Petrol Kimyevi ve Turevleri Sanayi ve Ticaret AS
IS:CASA
|
$10.20 Million |
|
Quoin Pharmaceuticals Ltd DRC
NASDAQ:QNRX
|
$10.20 Million |
|
Jet Freight Logistics Limited
NSE:JETFREIGHT
|
$10.17 Million |
|
Marine Petroleum Trust
NASDAQ:MARPS
|
$10.17 Million |
|
SiamEast Solutions Public Company Limited
BK:SE
|
$10.17 Million |
|
Allied Gaming & Entertainment Inc.
NASDAQ:AGAE
|
$10.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Corella Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,517,980 to 3,061,702, a change of -456,278 (-13.0%).
- Net loss of 908,008 reduced equity.
- Share repurchases of 1,079,050 reduced equity.
- Other comprehensive income decreased equity by 504,771.
- Other factors increased equity by 2,035,551.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-908.01K | -29.66% |
| Share Repurchases | AU$1.08 Million | -35.24% |
| Other Comprehensive Income | AU$-504.77K | -16.49% |
| Other Changes | AU$2.04 Million | +66.48% |
| Total Change | AU$- | -12.97% |
Book Value vs Market Value Analysis
This analysis compares Corella Resources Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 2.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | AU$4.72 | AU$0.01 | x |
| 2008-12-31 | AU$0.06 | AU$0.01 | x |
| 2009-12-31 | AU$0.03 | AU$0.01 | x |
| 2010-12-31 | AU$0.05 | AU$0.01 | x |
| 2011-12-31 | AU$0.04 | AU$0.01 | x |
| 2012-12-31 | AU$0.03 | AU$0.01 | x |
| 2013-12-31 | AU$0.02 | AU$0.01 | x |
| 2014-12-31 | AU$0.02 | AU$0.01 | x |
| 2015-12-31 | AU$0.03 | AU$0.01 | x |
| 2016-12-31 | AU$0.03 | AU$0.01 | x |
| 2017-12-31 | AU$0.03 | AU$0.01 | x |
| 2018-12-31 | AU$0.03 | AU$0.01 | x |
| 2019-12-31 | AU$0.00 | AU$0.01 | x |
| 2020-12-31 | AU$0.04 | AU$0.01 | x |
| 2021-12-31 | AU$0.01 | AU$0.01 | x |
| 2022-12-31 | AU$0.01 | AU$0.01 | x |
| 2023-12-31 | AU$0.01 | AU$0.01 | x |
| 2024-12-31 | AU$0.01 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Corella Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -29.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16384.12%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.23x
- Recent ROE (-29.66%) is above the historical average (-61.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -4.11% | -245.76% | 0.02x | 1.04x | AU$-1.11 Million |
| 2008 | -134.06% | -4144.98% | 0.03x | 1.19x | AU$-5.88 Million |
| 2009 | -19.56% | 0.00% | 0.00x | 1.11x | AU$-1.66 Million |
| 2010 | -31.22% | 0.00% | 0.00x | 1.03x | AU$-6.42 Million |
| 2011 | -8.11% | 0.00% | 0.00x | 1.05x | AU$-2.65 Million |
| 2012 | -15.49% | 0.00% | 0.00x | 1.06x | AU$-3.25 Million |
| 2013 | -50.04% | 0.00% | 0.00x | 1.03x | AU$-5.12 Million |
| 2014 | -25.33% | 0.00% | 0.00x | 1.10x | AU$-2.40 Million |
| 2015 | 1.57% | 14.78% | 0.08x | 1.33x | AU$-1.08 Million |
| 2016 | -101.11% | -41.36% | 1.37x | 1.79x | AU$-7.13 Million |
| 2017 | -8.14% | 0.00% | 0.00x | 1.24x | AU$-1.05 Million |
| 2018 | -465.50% | 0.00% | 0.00x | 1.06x | AU$-4.87 Million |
| 2019 | -120.45% | 0.00% | 0.00x | 1.33x | AU$-777.41K |
| 2020 | -27.61% | -4371.42% | 0.01x | 1.04x | AU$-1.91 Million |
| 2021 | -17.59% | 0.00% | 0.00x | 1.02x | AU$-1.20 Million |
| 2022 | -18.97% | -1955.61% | 0.01x | 1.04x | AU$-1.35 Million |
| 2023 | -35.19% | -2850.09% | 0.01x | 1.05x | AU$-1.59 Million |
| 2024 | -29.66% | -16384.12% | 0.00x | 1.23x | AU$-1.21 Million |
Industry Comparison
This section compares Corella Resources Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Corella Resources Ltd (CR9) | AU$3.06 Million | -4.11% | 0.23x | $10.18 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About Corella Resources Ltd
Corella Resources Ltd, together with its subsidiaries, operates as a kaolin and silica exploration company in Australia. The company explores for kaolin, high purity alumina, quartz, lithium and rare earth element deposits. Its flagship property, the Tampu Kaolin project, comprises seven granted exploration licenses held by Corella located in the Yilgarn region, Western Australia. The company was… Read more